“In a conversation with her neighbors, Mehrikhan mentions that cars will soon become more affordable,” says Lolakhon. “Not only cars, but also household appliances and clothes, as direct supply from China will be established.”
This news highlights the increasing flow of investments into Uzbekistan, which is a positive development.
The President recently held a video conference to discuss the effectiveness of efforts to attract investments and increase exports. He emphasized the importance of improving investment efficiency for regional and industry leaders. This will lead to significant economic growth and the creation of many jobs through guaranteed purchases. The President also stressed the need for hokims to understand this and organize their work productively.
Uzbekistan’s economy is steadily growing due to its open and strong investment policy. In 2024, the gross domestic product increased by 6.5% to reach $115 billion. Foreign investments also saw a significant increase, reaching almost $35 billion, and 242 large and medium-sized projects worth $10 billion were launched. For the first time, exports reached $27 billion.
Thanks to President Shavkat Mirziyoyev’s efforts, Uzbekistan’s economy is rapidly developing. The country’s open and pragmatic policies have attracted many investors, and Uzbek entrepreneurs are also expanding their businesses to other countries. In many countries, there are now shops and restaurants with signs written in Uzbek.
Muharrama Pirmatova, UzA